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ECONOMY

NEPSE surges 27.41 points; daily turnover increases to Rs 5.34 billion

KATHMANDU, Oct 28: Nepal Stock Exchange (NEPSE) on Monday escalated 27.41 points to close at 2,645.36 points. 
By REPUBLICA

KATHMANDU, Oct 28: Nepal Stock Exchange (NEPSE) on Monday escalated 27.41 points to close at 2,645.36 points. 


The secondary market opened at 2,617.95 points and surged to the day’s high at 2,647.24 points in the first two hours. The index then slid to as low as 2,633.53 points at 20 minutes before the end of trading time. The market then recovered around 12 points in the remaining period before it closed for the day.


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The sensitive index, which measures the performance of ‘A’ class companies, also added 3.21 points. The daily turnover inclined to Rs 5.34 billion from Rs 4.73 billion on Sunday.


Among individual companies, 213 were gainers whereas 28 companies were recorded as the losers.


All the 13 trading groups were registered as gainers. Life insurance added the largest of 236.65 points while the finance index also surged by three-digit points of 116.68 points.


Nepal Finance Limited had the biggest turnover of its shares worth Rs 337.98 million. Janaki Finance Company Limited and Dolti Power Company Limited had their share values surged by the largest of 10 percent. People’s Hydropower Company Limited witnessed its market value decline by 6.02 percent. 


 

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